Rimani 
Condizioni di trading
Strumenti
To open long positions on GBP/USD you need:
Yesterday's news that Labour and Conservatives could not yet agree on a Brexit agreement led to renewed pressure on the pound. At the moment, it's best to consider long positions in GBP/USD after returning and consolidating above the resistance of 1.3070, which will lead to updating the upper border of the wide side channel in the area of 1.3118, where I recommend taking profits. With scenarios of a re-wave of the pound's decline, which can be formed on weak inflation data in the UK, it is best to expect long positions after a false breakdown in the area of 1.3022, confirming divergence on the MACD indicator, or a rebound from a low of 1.2989.
To open short positions on GBP/USD you need:
The data that will be released today in terms of inflation can keep the pressure on the British pound. The formation of a false breakdown around 1.3070 will be the first signal to sell, and if the pound rises above 1.3070, you can sell for a rebound from a weekly high in the area of 1.3118. In the first half of the day, the main goal of the bears will be to reduce and update support at 1.3022, a breakthrough of which will open a direct path to the low of 1.2989, where I recommend taking profits.
Indicator signals:
Moving averages
Trade is conducted in the region of 30 and 50 moving averages, which indicates the formation of a side channel.
Bollinger bands
A break of the upper border of the Bollinger Bands indicator near 1.3070 may increase the demand for the pound, while a surge of the lower border of the indicator near 1.3025 will cause the pair to sharply fall.
Description of indicators
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.
